Income Tax Act 2025: Section 517 for Tax Year 2025-26

Section 517 of the Income Tax Act 2025 mandates issuing a receipt for any money paid or recovered under the Act for Tax Year 2025-26.

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Receipt to be given

[As per the Income Tax Act, 2025 (this Act) w.e.f. 1st April, 2026.]

A receipt shall be given for any money paid or recovered under this Act.

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Suresh Prasad is a first-class Commerce graduate, semi-qualified CA & CS, with 24+ years of experience in GST, Income Tax and Corporate Law, has written 3,800+ articles.

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